NEW YORK, April 7, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Seed China News 1103

http://www.reportlinker.com/p0471047/Seed-China-News-1103.html

China has entered the peak season for the planting of many crops such as rice, corn, cotton, etc. The planting area of cotton and corn is expected to witness increase in 2011 driven by the soaring price. However the planting area of soybean may witness decrease, because peasants make less money for the planting of it.

The bad news for peasants is that the prices of rice seed, corn seed and cotton seed have soared a lot in 2011. The high price has attracted attention of Ministry of Agriculture and some local governments, because it weakened the enthusiasm of rice growers, which may impact rice production this year.

Local government of Sichuan Province has even released a notice to bring down the hybrid rice seed price by setting a maximum price for hybrid rice seed.

Besides the soaring price of seed products, GM is also a hot topic recently. China approved the outline of 12th Five-Year Guideline in March 2011, which contains the policy to strengthen GM technology in the next five years. However, the commercialization of GM crops such as rice and corn still face many uncertainties.

Eyeing the huge potential, many oversea seed companies continue to invest in China's seed market or the fast-growing seed treatment market. However, they may face some challenges in the future. It is reported that China is trying to make a law to regulate oversea companies' investment in domestic seed industry.

The price of hybrid rice seed in domestic market has soared this year, which has attracted Chinese governments' attention.

CNSGC plans to build two rice R&D centers located in Hunan and Guangdong respectively.

Henan Goldoctor provides USD1.51 million for Institute of Crop Science, CAAS for development of new crop varieties.

China approved the outline of the 12th Five-Year Guideline in March, which contains the policy to strengthen GM technology in the next five years.

Ministry of Agriculture released "The 3rd batch GM safety certificates of 2010" on 21 March 2011, including 114 safety certificates for GM crops.

Domestic scientists recently have finished the genetic map of two herbs, namely ginseng and Isaria cicada.

53 leading corn seed companies signed "Convention on Safety in Corn Seed Production" in Lanzhou on 26 Feb. 2011, aiming to safeguard the quality and quantity of corn seed supply in domestic market.

A japonica rice breeding program wins the first prize of "National Science and Technology Progress Award 2010" by developing some japonica hybrid rice varieties with resistance to rice stripe disease.

INCOTEC has opened a new building in China, because the present facilities in Beijing are no longer sufficient.

Chemtuta announced that Bayer will be the exclusive distributor of Chemtura's AgroSolutions seed treatment products in China on 9 March 2011.

Price of hybrid rice seed soars

CNSGC to build two rice R&D centers

Henan Goldoctor cooperates with ICS, CAAS for breeding

China to strengthen GM technology in 2011-2015

China releases"The 3rd batch GM safety certificates of 2010"

Genetic maps of two herbs finished

"Convention on safety in corn seed production" signed in Lanzhou

Japonica rice breeding programme wins award

INCOTEC develops fast in China

Bayer to distribute Chemtuta's seed treatment products in China

Companies mentioned

INCOTEC, Chemtuta, Bayer, Henan Goldoctor, CNSGC

To order this report:

: Seed China News 1103

More  Market Research Report

Check our  Company Profile, SWOT and Revenue Analysis!

Nicolas Bombourg

Reportlinker

Email: nbo@reportlinker.com

US: (805)652-2626

Intl: +1 805-652-2626

SOURCE Reportlinker